ES-09-22-08


So far, still well under fair value. Ugly opening. long one from 1245.00
exiting 1248.
I'm short at 48.25, I am just playing around I don't have that long to trade, I have stuff to do today. New baby was born Thursday, I went long ES at 1187 and went long way out of the money calls on wends, by Friday morning they were way in the money up almost 1000%.
solid resistance this morning comes in at 1265.50 or so.Support 1210-1214.
Great job,Joe. I made a killer option trade last week also and if we ever go back to 1150-1175 area ill probably do it again. Ps:(congrats,Daddy!)
selling .... too late, i missed it . 5 min. and 15 min overbought and 5 min gave a sell signal.would have exited at 1245 tho
selling 1246.50
will exit 1242 mov. avg support
exit at 1241.75... plus4.75 up 7.75 today. 15 min on anice sell also , but i got out because 5 min. almost oversold again.
back to mov. avg. resistance....1241.50-1242
above area was probably a good short into expected cycle low coming around 10:05- 10:10 am give or take.(5 min chart)
Kool,
Thanks for everything. I guess it was a good day for me to have computer problems. Had to keep rebooting. So like you said, "Tomorrows another day".